If your bank cashes your post-dated check early because you didn't tell it ahead of time that such a check existed, you could find yourself saddled with bounced-check fees, late payment charges and overdraft fees, all of which can add up to a big chunk of change.
In some cases, you'll have no choice but to pay the fees.
You'll need to give the bank a good description of the check, including the check number, the payee and the amount.
Therefore, the filing of a badcheck criminal action will usually not be promptly acted upon, except in cases involving significant amounts of money.
However, as a credit grantor you can effectively deal with the majority of routine bad check situations encountered by putting into practice the following procedures: Instruct your bank to redeposit any checks returned for insufficient or uncollected funds.
In some states there is a criminal offense only when the bad check is given in exchange for property or for a present consideration.
In other states it is a criminal offense to issue a bad check with intent to defraud or with knowledge of insufficient funds.
Many people post-date checks for everything from car payments to rent, and they think they’re safe because the bank can’t cash the check before the date written on it, right? If you try this ploy you could end up with an overdrawn checking account, an angry payee and a ding to your credit.